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tv   CBS Morning News  CBS  July 11, 2011 4:00am-4:30am EDT

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ticking but negotiations remain stalled over a deal to raise the debt ceiling. tour boat tragedy. more than 100 missing, including dozens of children after a crowded cruise ship capsizes in russia. and headed home, the duke and duchess of cambridge wrap up their royal tour with a visit to inner city l.a. captioning funded by cbs >> and good morning, everyone. appreciate you joining us. i'm terrell brown in for betty nguyen. congress has raised the debt ceiling 102 times since 1917, including ten times in the last
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decade alone but this time is proving to be the most difficult and politically divisive. president obama and congressional leaders will talk again today after a rare sunday night meeting. the two sides have yet to agree on the size of a deal or what it will entail. joel brown is in washington with more. good morning. >> good morning to you. sunday night's session at the white house lasted about 75 minutes and we're told president obama used much of that time remaking his case for a bigger deal on the debt limit. this morning, though, still no agreement, except to keep talking. president obama plans to sit down with congressional leaders today and every day until a debt deal gets done. the sides met in a rare sunday night session but reportedly made very little progress, if any. the president once lawmakers to accept a $4 trillion deficit reduction plan but republicans rejecting all tax hikes associated with it, instead pushing for smaller $2 trillion measure. >> a big package would require big tax increases in the middle
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of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: even some democrats are raising concerns about the president's plan especially cuts to medicare and other social services. >> we said we're not going to end to medicare guarantee. >> reporter: president obama scheduled a news conference this morning before the news conference this morning. >> the president made it clear he's willing to do very difficult things for him, for his party but the republicans have to do some things, too. >> reporter: if a deal to raise the debt ceiling is not approved by august 2nd, the treasury department says the government will run out of money to pay its bills and the new head of the international monetary fund warns the impact could be felt worldwide. >> interest hikes, stock markets taking a huge hit and real nasty consequences. >> reporter: as negotiations
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drag on, credit agencies are threatening to downgrade america's perfect credit rating. despite the approaching deadline and dooms day predictions, investors do not seem worried yet that congress will actually let the u.s. default on its loans. terrell, interest rates on u.s. debt remain near historic lows. >> joel brown in washington for us this morning, thank you so much. if a deal isn't reached in time the government will no longer be able to borrow money. that means painful decisions about who gets paid and who doesn't. a recent report from the bipartisan policy center says in august the government has to make $306 billion but it only takes $172 billion. that's enough to pay interest on the debt, social security, medicare and medicaid, also defense contractors and unemployment benefits, but there would be no money left for active duty military personnel, all kinds of federal workers, and a slew of other programs. president obama will hold a
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press conference today on the stalled debt talks. see it right here, 11:00 a.m. eastern on cbs. in other news, seven members of the same family were killed when their small plane crashed in western alabama. the plane was en route from st. louis to florida when one of its engines failed saturday night. the pilot, his wife and their five young children were on board. they crashed trying to land 30 miles from the mississippi border. in russia a desperate search for survivors following a cruise boat accident. the ship was on a scenic trip on the volga river, 450 miles east of moscow. the two-deck boat was overloaded carrying 185, only certified to carry 120. 80 passengers confirmed rescued, the boat sank in 65 feet of water. the cause is under investigation. in cypress at least ten people are feared dead in a massive explosion at a navy
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base. the blast was so big it damaged homes and villages near the base. the obama administration is suspending aid to pakistan's military. the money represents 40% of the $2 billion in u.s. aid to pack pakistan. according to "new york times" it includes money for aid. >> it is difficult but must be made to work over time. until we get through these difficulties we will hold back some of the money that the american taxpayers have committed to give. >> another senior u.s. official said the aid was in response to reduce the number of visas for the u.s. military. leon panetta will do more in pursuing military groups. he arrived in baghdad yesterday and 46,000 troops remain in iraq and scheduled to depart by the
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end of this year. britain's defunct "news of the world" it's reported may have hacked into 9/11 victims. "news of the world" reporters said they would pay him to get the numbers of 9/11 victims, he declined. the last paper rolled off the presses yesterday, brought down by a growing hacking scandal. rue bert murdoch, the paper's owner, is deep in damage control. >> reporter: rupert murdoch arrived in london, conspicuously reading a copy of his notorious cameras, then smiled for the cameras as he went out for dinner with rebekah brooks his embattled ceo. the scandal has cost him one of his most profitable papers. staff leaving "news of the
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world" for the last time put a brave face on the murdoch decision to shut it down. the "news of the world" was the best selling newspaper in britain, a cheeky blend of skin, scandal and gotcha journalism, for people who loved seeing the rich and powerful taken down a rich or two, but not families touched by grief. the "news of the world" is under police investigation for hacking into voice mails belonging to relatives of fallen soldiers and a murdered teenager. journalists also hacked into the phones of celebrities who found out and sued. it was james, rupert murdoch's son and heir apparent who authorized a reported million-dollar out of court settlement to at least one of the hacking victims. this week, he admitted it was a mistake. >> i acted on the advice of executives and lawyers within complete investigation and
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that's a matter of real regret for me. >> reporter: in fact it raises dangerous questions for the murdoch empire which includes fox news, the "wall street journal" and "the new york post." murdoch biographer michael wolff. >> james murdoch wrote the initial checks to the people who were suing the company and the question that investigators are asking now, are they settlement checks or are they hush money checks? >> reporter: only a week ago, rupert murdoch and his powerful family business looked unassailable. not anymore. elizabeth palmer, cbs news, london. coming up on "cbs morning news" this morning, the space shuttle "atlantis" may be forced to take maneuvers. and jaycee dugard talks about her experiences. drips and whitens. ck
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it was up and over. space shuttle "atlantis" performed a back flip sunday, 240 miles above earth. minutes later "atlantis" docked with the international space station, the 46th and final time the two spaceships will meet. the shuttle crew will spend a week aboard the station. nasa is worried about a piece of space junk that could come dangerously close tomorrow. the decision will be made today whether the ships will have to move out of the way. jaycee dugard was kidnapped in 1991 when she was 11 years old. they zapped her with a stun gun when she walked to the school bus. she said she woke up on the floor of a car. >> after we were driving i heard the driver say "i can't believe we got away with it" and i heard them laughing. i think i blacked out again.
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it was like the most horrible moment of your life times ten. >> dugard's book about her experience, "a stolen life" is out tomorrow. "cbs moneywatch" on this money, get ready for more pain at the pump and meet the ten million mile man. am ashley morrison in new york good morning to you. >> tokyo's nikkei dropped a fraction and hang sang fell almost 2%. >> al klast week stocks managed stay on the upside despite a dismal jobs report. the dow gained 0.5% and the s&p 1.5%. the national average for regular is now $3.62 a gallon, down a penny in the past two weeks but they're up recently in
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many areas. gas is following the price of crude which has risen in recent weeks despite the government's tapping of the oil reserves. many analysts now believe we're once again headed toward $4 a gallon. at the movies "transformers 2" ruled again, the sequel "dark of the moon" took in $47 million in ticket sales to take the top spot for the second week in a row and cemented its place as 2011's biggest hit so far, behind, "horrible bosses" second place and "zookeepers" coming in third. united airlines nominated ken stikers, took him 29 years and 6,000 flights, probably a lot of peanuts as well. >> crackers and juice.
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ashley morrison here in new york good to see you. thank you so much. coming up, we'll have your monday morning weather and in sports, a soccer shocker. the u.s. battles brazil for a trip to the world cup semifinals. [ female announcer ] ever wish vegetables didn't taste so vegetably? well, v8 v-fusion juice gives you a full serving of vegetables, plus a full serving of fruit. but it just tastes like fruit. and try our deliciously refreshing v8 v-fusion + tea.
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here's a look at the weather in some cities around the country. pc pc, 91 in noork new york. 100, sunny in callas. 83 and sunny in los angeles. clear skies along the west coast and southern plains. storms in the southwest and in the central plains. later today, heavy rains will hammer the eastern rockies all the way to ohio. the northeast will get hotter and more humid and the southern plains are scorching, temperatures in the 90s and 100s. in sports this morning, talk about drama, the world cup u.s. women's team never gave up, now they're in the u.s. semifinals here. the u.s. was down a player against brazil, then an incredible header by abby wambach in the 120th minute. game tied at two, an amazing save, then alli creek a goal, a
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come from behind win. baseball no love loss between the red sox and orioles in the fifth. tossed after hitting flod mere guerrero on the hand, next inning gonzalez flowing behind, red sox beat baltimore 10-3. yankees alex rodriguez surgery on his right knee today. a-rod expected to be out of the lineup for six weeks. riders on the tour de france are bad and bleeding after one of the worst accidents ever. car spent them into a barbed wire fence. both men escaped serious injury. when we come back another look at this morning's top storied and a royal treat for veterans and inner city kids.
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here's a look at today's weather, stormy across much of the nation, hail and high winds expected from the eastern rockies to the ohio river valley. monsoon conditions in the southwest, scatter the thunderstorms will crisscross the southeast. s here's another look at this morning's top stories on monday. president obama and congressional leaders have yet to agree on the size and components of a debt reduction plan. they met last night and will meet again today. before they meet the president will hold a nationally televised press conference. after 168 years done in by a hacking scandal the final edition of britain's "news of the world" was published yesterday. there were reports the paper tried to hack into the phones of
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9/11 victims. a 22-year-old man is arrested for trying to break into the theater of the david letterman show. he smashed into the windows and parts of the lobby were trashed. letterman's set was undamaged. he will tape the show today. the duke and duchess of cambridge wrapped up their trip to los angeles yesterday and boarded the plane home. their final day began with an unscheduled stop. sandra hughes reports. >> reporter: it was an unexpected treat for neighbors gathered around the british consul general's house. the princess and her prince chatted up the crowd, fielding some odd questions. >> did you come to buy our house? >> sadly no. >> reporter: it was a thrill. >> it was fantastic. i'm tears. >> she asked her name and shook our hands. she was so friendly and
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gracious. >> reporter: at inner city arts, they found the beat in one of l.a.'s gritiest neighborhoods, skid row. the streets of l.a.'s skid row are not lined with royal watchers. this is where thousands of homeless fight for survival. they put the shot light on the needy kids. one gave a gentle scolding to the prince for not putting on his apron. >> this is an officer who needs no introduction. >> reporter: the last stop was inside sony studios for an event promoting jobs for veterans. >> this is the last event on our tour of north america, but to my mind, it is one of the seriously most important. this is a cause about men and women who of their own free will choose to put their life on the line for their country. >> reporter: a busy weekend for the young newlyweds but they have a long flight home to rest. sandra hughes, cbs news, los angeles. this morning on "the early show" the latest on the stalled talks to raise the nation's debt ceiling and an inside look at
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good monday morning, i'm andrea roane. >> i'm mike hydeck. we're glad you're here. angie is off today. anny hong has your weather first. >> lot of sunshine. going to be a hot one. the humidity back on the rise.
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a little mini heat wave coming this way. we're talking about warm conditions. as you're stepping out the door this morning, warm and muggy. by 9:00, in the lower 90s. air quality forecast for today, unhealthy for our sensitive groups. currently, it is 74 in arlington. reston, good morning to you. 70 degrees rockville. 73 degrees for you. our highs for today, around mid- 90s in downtown. manassas 96. leesburg 97. annapolis, you're pushing close to 90 degrees. we'll talk more about that heat wave. it will get hotter in the next day or so. we'll talk about that. first, here's chris with your traffic. >> good morning, anny. unfortunately, we're starting out with a yellow l.i.e. we have one incident to talk about. germantown road between aircraft road and cliff rock
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drive. no word on when it will open. 270, everything is looking good from 121 over to the split. on the virginia side, 66 eastbound, clear from centreville to fairfax. andrea and mike, over to you. >> thank you, chris. here are stories we're following for you this monday. >> president obama will meet with congressional leaders trying to work out a deal to reduce the deficit and raise the debt limit. last night's meeting ended with very little progress. a deal needs to be passed in the next ten days to keep the country from defaulting on its payments. >> he survived a motorcycle crash and spent 22 hours trapped in a ditch with a broken back. justin hipel shares his story exclusively with 9news now. >> he explained how his cell phone saved his life. >> kicked my feet, waved my arms. >> because of the severe pain in his back, justin knew it was broken. he not only broke most of his
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ribs but three vertebrae when he crashed his brother's motorcycle into the woods. he was on his way home from work around midnight. >> i remember it all so the only thing i can think of is i fell asleep. >> no one saw him. he stayed in the ditch all night long. the next morning, he could see the tops. cars going away at the busy intersection of dumfries and bristow roads. he tried in vain to get someone's attention. >> no one pace attention at intersections like that. >> then he remembered his cell phone was in the bike's rear compartment which he could see had a crack in it. >> find a stick, jam it in there. pry it just the right way. >> reporter: he got it open. >> half hour, i got all of the contents. i put the battery in. it didn't turn on. i had to take it apart, blow out all of the dirt.
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it scared me for a second. >> 22 hours after the crash, he finally got it to work and called his brother, toni. >> 8:55 p.m., my phone rings and it is justin. >> tony told justin to call 911. they found him quickly. >> what does this phone mean to you, justin? >> my life. >> peggy fox. >> wow! my life. right now, justin has a metal plate in his back and he has to put a huge chest brace on just so he can turn in any direction. little by little, he's getting better after basically nearly losing his life. good morning and welcome to 9news now. today is july 11th. i'm andrea roane. >> i'm mike hydeck. angie goff is off this morning. kris sneed will have traffic in a moment. anny hong is in for howard. weather first time now. >> happy monday. as you're starting your monday


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